Emulate South Korea to develop Malaysian export industry, says Dr M

The Prime Minister also urged local market players to give attention to the manufacturing of goods that had high export value, thus yielding high returns, and that local companies would no longer depend on the support from the government like before.

Dr Mahathir cited how the South Korean vehicle export industry started with only one brand, Hyundai, and expressed confidence that Proton too could achieve similar success. "They were daring. Although they were previously known as the hermit kingdom, now they could do whatever the west could," he said.

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Emulate S Korea to develop M'sian export industry - PMDr M says South Korea, from the start, concentrated on exports while Malaysia focused on its domestic market. Their cars was Milo tins some 30 years and look at where they are now globally. We wished Proton would have achieved the same too, but unfortunately it is not to be.
Source: malaysiakini - 🏆 20. / 51 Read more »